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Lot Off Market
204 High Street
South Portland, Maine 04106
Cumberland CountyCommunity:
$1,200,000
0.190 acres
Spectacular turn-key owner-occupied or an investment opportunity in the heart of South Portland's Ferry Village neighborhood! Views of Portland Harbor and only steps away from Davidson's Beach, public access to the beach is right across the street! Smell the ocean air and enjoy the spectacular WATER views looking at the Portland skyline. Just minutes from Willard Beach, Bug Light, Scratch Bakery, Elsmere BBQ, Cookie Jar, Saltwater Grille, SMCC, The Green Belt Trail System and so much more! This 4-unit building has outstanding rental income and the potential to increase the 3rd-floor square footage to increase that unit's cash flow as is it below market currently. Plenty of off-street parking & each unit has separate utilities. Very nice oversized lot!. Third floor unit is currently being completely renovated and expected to lease between $1800-$2000. Other units currently leased at $2000, $1500, & $1540. What an excellent property in a fantastic location!
- Lot Size: 0.190 acre
- Lot Dimensions:
- View Types:
- Property Taxes: $6,261
- MLS #: 1498124
Contact Information:
Ad Number: 1664925
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Updated: Jun 26, 2021
This property is a Lot located at 204 High Street, South Portland, Maine 04106, and is currently Off Market at $1,200,000.